Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Algoma Steel Group (ASTL)
NASDAQ:ASTL
Holding ASTL?
Track your performance easily
ASTL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.67 - $12.14
Previous Close$8.33
Volume659.96K
Average Volume (3M)601.86K
Market Cap
$916.09M
Enterprise Value$1.67B
Total Cash (Recent Filing)$265.00M
Total Debt (Recent Filing)$545.60M
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Feb 05, 2025EPS Estimate
-0.55Last Dividend Ex-Date
Nov 27, 2024Dividend Yield2.27%
Share Statistics
EPS (TTM)-1.05
Shares Outstanding104,423,070
10 Day Avg. Volume591,786
30 Day Avg. Volume601,864
Standard Deviation0.13
R-Squared0.34
Alpha-0.00583
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.53
Price to Cash Flow (P/CF)13.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.82
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit5.91
Enterprise Value/Ebitda-92.75
Forecast
1Y Price Target
$13.23Price Target Upside62.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Algoma Steel Group News
PremiumCompany Announcements
Algoma Steel Pursues Green Transformation Amid Challenges
PremiumCompany Announcements
Algoma Steel to Join Energy Convergence Conference
PremiumCompany Announcements
Algoma Steel Reports Q2 2025 Earnings Amid Transformation
PremiumCompany Announcements
Algoma Steel Reports Loss Amid Market ChallengesBulls Say, Bears Say
Bulls Say
Financial StabilityAlgoma's liquidity is sufficient to complete the EAF project despite the currently weak steel environment.
Operational PerformanceThe sequential increase in shipments can be attributed to assets operating normally.
Production MilestoneAlgoma still expects to produce first steel by the end of CY1Q'25, overcoming weather-related challenges.
Bears Say
Contract PricesLackluster contract prices and stagnant recovery in spot sheet prices are expected to lead to soft earnings.
CostsHigher costs, attributed to EAF commissioning, impacted Algoma's financial performance.
EarningsThe lackluster lagged contract prices and stagnant recovery in spot sheet prices will translate to soft earnings in CY1Q'25.
---
Ownership Overview
―
Insiders
6.01% Mutual Funds
0.13% Other Institutional Investors
90.27% Public Companies and
Individual Investors
ASTL FAQ
What was Algoma Steel Group’s price range in the past 12 months?
Algoma Steel Group lowest stock price was $6.67 and its highest was $12.14 in the past 12 months.
What is Algoma Steel Group’s market cap?
Algoma Steel Group’s market cap is $916.09M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Feb 05, 2025 which is in 3 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on Nov 06, 2024. The company reported -$0.68 earnings per share for the quarter, missing the consensus estimate of -$0.195 by -$0.485.
Is Algoma Steel Group overvalued?
According to Wall Street analysts Algoma Steel Group’s price is currently Undervalued.
Does Algoma Steel Group pay dividends?
Algoma Steel Group pays a Quarterly dividend of $0.049 which represents an annual dividend yield of 2.27%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.55.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 104,423,070 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -$0.68 in its last earnings report, missing expectations of -$0.195. Following the earnings report the stock price went up 6.377%.
Which hedge fund is a major shareholder of Algoma Steel Group?
Among the largest hedge funds holding Algoma Steel Group’s share is Donald Smith & Co. Inc. It holds Algoma Steel Group’s shares valued at 82M.
---
Algoma Steel Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$13.23 (62.13% Upside)
$13.23 (62.13% Upside)
Blogger Sentiment
Bullish
ASTL Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 778.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.78%
12-Months-Change
Fundamentals
Return on Equity
-10.29%
Trailing 12-Months
Asset Growth
14.20%
Trailing 12-Months
Company Description
Algoma Steel Group
Legato Merger Corp is a blank check company.
---
ASTL Company Deck
---
ASTL Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter for Algoma Steel Group with a decline in revenue, shipments, and adjusted EBITDA due to soft market conditions. However, strong liquidity and progress on the EAF project, along with insurance proceeds, provide some positive aspects to the company's overall situation.Read More>---
ASTL Stock 12 Month Forecast
Average Price Target
$13.23
▲(62.13% Upside)
Technical Analysis
Best Analysts Covering ASTL
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+7.23%
reiterated a buy rating 20 days ago
Copying Ian Gillies's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +7.23% per trade.
---